Election and Remuneration of the Auditor

The Company shall have one (1) auditor that has qualified as Certified Public Accountant and if the auditor is not an auditing company as defined by the law, one (1) deputy auditor shall be elected. The term of office of the auditor expires at the end of the following Annual General Meeting.

PricewaterhouseCoopers Oy, authorized public accountants, was elected, in the Annual General Meeting held on April 10, 2024, auditor of the company for a term of office ending at the end of the next Annual General Meeting. PricewaterhouseCoopers Oy has notified that Mr. Sami Posti, APA, will act as the principal auditor. It was decided that the remuneration to the auditor shall be paid against the auditor´s reasonable invoice.

The audit firm PricewaterhouseCoopers Oy be elected for the assurance of the Corporate Sustainability Reporting for a term ending at the end of the next Annual General Meeting following the election. PricewaterhouseCoopers Oy has announced that APA Tiina Puukkoniemi will act as the principal assurer. The remuneration of the assurer of the Corporate Sustainability Reporting shall be paid according to the assurance firm’s invoice approved by the Company.

The auditor´s fees in 2024 amounted to EUR 275 894 (EUR 111,000 in 2023). Of the aggregate fees, EUR 202 464 was attributable to auditing (EUR 87,000 in 2023), EUR 9 584 to tax advice (EUR 10,000 in 2023) and EUR 63 845 to other services (EUR 14,000 in 2023). The fees of Corporate Sustainability Reporting in 2024 were: 42 879 EUR